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The first year the New Orleans Mint took part in the Barber Half Dollar production and produced a measly 390,000. The Barber Half Dollar was forged from a metallic alloy of 90% silver and 10% copper and is a part of the highly popular 90% silver coinage. The 1892-O Barber Half Dollar is incredibly rare to find in the higher grades. Even for a lower grade, like this very good half dollar, there is a high premium due to its scarcity. The 1892-O Barber Half Dollar is in very good condition, exhibiting a very worn surface, with details almost completely lacking. The intricate detailing of Liberty's face and headpiece is gone, with just a slight hint of what it used to be. Although very good is a very worn coin, the date and other words are still very readable. During the time the Barber Half Dollar was in circulation, there were 4 different mints producing the highly collectible coins. Among these mints was the New Orleans Mint, also known as the Old Mint. The Old Mint mainly depended on the success of the Morgan's production so much that when the Morgan's production stopped, the Old Mint was decommissioned shortly after. The New Orleans Mint's building as been used as a fallout shelter, an assay office, and a storage facility for the US Coast Guard. It is now considered a national landmark, representing the history of coins.
The Barber Half Dollar replaced the Seated Liberty coinage, by preference of the Mint Director, Edward Leech. After a failed attempt to offer a friendly competition among local artists, Leech resorted to Chief Engraver, William Barber, to come up with the design. Barber's design extended to the dime, quarter, and half dollar; being one of the only coin designs to serve on all currency. For extra protection during shipment, the 1892-O Half Dollar will be packaged in a coin flip.